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moves money Ars Technica June 12, 2026

SpaceX is now a public company valued for its AI potential, so what comes next?

SpaceX is now a public company valued for its AI potential, so what comes next?
AI Summary

Space Exploration Technologies, better known simply as SpaceX, became a publicly traded company on Friday nearly a quarter of a century after it was founded. The company began trading on the Nasdaq exchange in New York City at $135 a share, valuing SpaceX at nearly $1.8 trillion. By the end of the trading day the company's shares were selling at $160.95, a respectable increase of more than 19 percent.

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